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Liz Benston Gaming Guru - Page 31Montreux to Replace the New Frontier11 April 2006
LAS VEGAS, Nevada -- As other casino operators announce plans to redevelop their older properties, New Frontier owner Phil Ruffin hasn't had a lot to say about his long-awaited plans for his aging Strip hotel.
Ruffin says he's not sitting on his hands.
The name of his planned megaresort will be Montreux, after the Swiss resort with a famous annual jazz festival. ... (read more)
Vegas Boom Going Upscale10 April 2006
The Las Vegas building boom under way will usher in a slew of new luxury properties over the next five years, continuing a transformation from Middle America playground to the desert version of Southern California and Miami Beach resort enclaves.
It is the biggest development binge in Las Vegas history, and it is based on something no one talks about: fearlessness. ... (read more)
Internet Betting Gains Popularity in Vegas23 March 2006
LAS VEGAS -- Before Steve Fezzik put money on today's Texas-West Virginia game in the national men's college basketball championship, the Las Vegas man did some comparison shopping online.
A quick search of Internet sports books revealed average offers for bets that the total points made during the game would fall under 132. ... (read more)
An $800 Million Spring Cleaning28 February 2006
LAS VEGAS, Nevada -- You've got to spend money to make money. And with more than $30 billion in high-end development expected on the Strip over the next several years, MGM Mirage will try to keep pace by shelling out big bucks on upgrades this year.
MGM Mirage, in its first full year owning more than half of the Strip's hotel rooms, will spend an estimated $800 million on upgrades. ... (read more)
Offers They Can Refuse: For now, No Changes on Tap at Sahara13 February 2006
It's just another day at the office for Al Hummel, the chief executive of the Sahara hotel.
That means dispelling rumors spread among employees and suppliers that the historic property will soon be blown up.
"It makes it tough," Hummel said. "I'm trying to run a business. I'm just trying to make ... (read more)
$2.5 Million Marked to Treat Gamblers8 February 2006
About 3,000 compulsive gamblers in Nevada, including their friends and families, are expected to soon get help in battling the addiction with an infusion of taxpayer money that will be doled out over the next year and a half.
While the absolute numbers may not seem big, grant recipients say the ... (read more)
Casinos Open Arms for Asians with Open Wallets25 January 2006
The lunar calendar unleashes the Year of the Dog on Sunday and Las Vegas casinos hope to take a bite out of Asian gamblers' wallets.
Marketing to Asian -- particularly Chinese -- gamblers is Management 101 for casino bosses. Just about anybody who works in a casino knows that many Chinese believe ... (read more)
Ferris Wheel Puts a Spin on New Frontier23 January 2006
Steve Wynn's not talking, but you have to wonder what the design-focused casino boss thinks about the redevelopment plans of his across-the-boulevard neighbor.
Just across the Strip from Wynn's $2.7 billion Wynn Las Vegas -- and its mountain conveniently located to block views of the well-worn New ... (read more)
Rebirth of the Riviera?17 January 2006
The murky future of the Riviera may be about to get clearer.
A group of experienced real estate developers has reached an agreement with the chief executive of the company that owns the Riviera to buy out his shares of stock in the casino's parent company -- a deal experts say will allow the group ... (read more)
Borgata Bob is Boyd's Point Man for Echelon16 January 2006
When Boyd Gaming executive Bob Boughner is asked to describe his company's planned $4 billion Echelon Place, he uses words like "energetic, sensual and international."
That may sound unusual coming from a casino boss. Then again, Boughner, the man tabbed by Boyd to develop Echelon Place, is not a typical ... (read more)
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